Re: Dummy day trading 27-Jul-2006
July 27, 2006 – 1:38 pmAlrite, I am being a loser today. In fact, I did not pay much attention to the market. Instead, I was day dreaming, and doing some stupid work out of trading. Long opportunities appeared. Simple and profitable entries, and yet, no trade was taken.
Continue doing this, I will be hungry to death someday.
Anyway, here is the 15-min chart of MSCI Taiwan index futures.
From the desk of Tradergav.com
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Gav,
In my view, 265.5 is the first ideal enry point when the db broke out, 267 is the 2nd one when another smaller db broke out.
Rgds,
Toptrader
I can’t disagree with you. Your entries are safer option, and it is a good choice for swing trading. For day trading, I use inside day (inside period), reversal low/high to enter a trade.